Tag: CJ Olive Young

CJ Olive Young

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Crowded Olive Young store in central Seoul with shoppers browsing cosmetics and personal care products.

More foreign shoppers return for Olive Young sales, retailer says

Foreign shoppers making return trips to Korea for CJ Olive Young’s major sales have surged, boosting spending beyond Seoul and lifting global online traffic.

2026.6.22

Foreign tourists look around an Olive Young store in Myeongdong, central Seoul in December 2023. [CJ OLIVE YOUNG]

When the child outgrows the parent: How Olive Young's rise complicates CJ's succession plan

Despite annual sales topping 5.8 trillion won ($3.93 billion), Olive Young is still not publicly listed, even as analysts value it at as much as 10.4 trillion won. Parent company CJ's family heir succession plan rests in the balance.

2026.4.16

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CJ Group Chairman Lee Jay-hyun, second from right, speaks with local officials during a meeting in Japan in this photo provided by the company on April 9. [CJ]

CJ Group chair meets Japanese business leaders on first overseas business trip this year

CJ Group Chairman Lee Jay-hyun visited Japan last week on his first overseas business trip of the year, highlighting the country as a key market for the conglomerate’s global ambitions in food and entertainment.

2025.4.9

Pictured is an Olive Young store in Seoul on March 12. [YONHAP]

Olive Young hits record sales as K-beauty explodes worldwide

CJ Olive Young's sales rose 24 percent to a record high in 2024.

2025.3.12

Harvard Business School's campus in Boston [HARVARD BUSINESS SCHOOL]

Olive Young's growth focus of Harvard Business School case study

CJ Olive Young’s retail business model and growth in the Korean cosmetics market was discussed as a case study at Harvard Business School.

2025.2.16

Shoppers enter an Olive Young store in Myeong-dong, central Seoul, on Jan. 9. [YONHAP]

Olive Young prepares to open U.S. stores through new Los Angeles subsidiary

CJ Olive Young has launched its U.S. subsidiary in Los Angeles to expand its beauty retail presence.

2025.2.4

Pictured is an Olive Young store in Myeong-dong, central Seoul, on Jan. 9. [YONHAP]

Olive Young hits record number of 100 billion won stores

CJ Olive Young announced that in 2023, more than 100 of its stores recorded annual sales exceeding 100 billion won ($68.5 million), marking a significant increase from previous years, including only 61 in 2022.

2025.1.9

An Olive Young store in central Seoul [CJ OLIVE YOUNG]

Apple Pay available at Olive Young

The contactless payment method became available nationwide on Wednesday.

2024.2.21

CJ Olive Young's global online shopping mall [CJ OLIVE YOUNG]

Olive Young's online store proves popular overseas

Sheet masks are the most popular item among international orders on CJ Olive Young’s online store, the retailer announced Thursday, in celebration of its one year anniversary.

2020.6.11